Search Results
Working Paper
From Population Growth to TFP Growth
Sanchez, Juan M.; Inokuma, Hiroshi
(2023-03-27)
Using a firm-dynamics model that has been extended to include endogenous growth, we examine how population growth influences total factor productivity (TFP) growth. The most important theoretical result is that the growth rate of surviving old businesses is a "sufficient statistic" to determine the direction and the magnitude of the impact of population growth on TFP growth. Following that, the model is calibrated for Japan and the United States. The main finding of examining balanced growth paths (BGPs) with various rates of population growth is that the effect on TFP growth is sizable. ...
Working Papers
, Paper 2023-006
Working Paper
The Impact of the Age Distribution on Unemployment: Evidence from US States
Fallick, Bruce; Foote, Christopher L.
(2022-10-18)
Economists have studied the potential effects of shifts in the age distribution on the unemployment rate for more than 50 years. Most of this analysis uses a "shift-share" method, which assumes that the demographic structure has no indirect effects on age-specific unemployment rates. This paper uses state-level data to revisit the influence of the age distribution on unemployment in the United States. We examine demographic effects across the entire age distribution rather than just the youth share of the population — the focus of most previous work — and extend the date range of analysis ...
Working Papers
, Paper 22-27
Individuals, married couples respond differently to U.S. income tax changes
Borella, Margherita; De Nardi, Mariacristina; Pak, Michael; Russo, Nicolò; Yang, Fang
(2024-11-19)
Changes in effective income taxes can impact labor supply with different outcomes for married couples and singles, and changes can have a particularly notable impact on married women.
Dallas Fed Economics
Journal Article
Demographic Disparities in COVID-19 Disruptions: What Has Shaped Them?
Gutkowski, Violeta A.
(2023-10-02)
This article uses the Community Impact Survey implemented by the Federal Reserve System in 2021 to identify COVID-19 disruptions on low- to moderate-income communities. I find that communities that were primarily of Color were more likely to be significantly disrupted by COVID-19 than White communities. I also assess the importance of certain challenges, such as returning to work or unequal access to government relief, in shaping the observed demographic differences in disruption.
Review
, Volume 105
, Issue 4
, Pages 261-279
Journal Article
Participatory Budgeting: Enhancing Community Reinvestment through Public Engagement
Hatcher, Desiree
(2016)
Community engagement is not an easy task. This is especially true in communities with historically underrepresented and underserved populations who do not feel connected to the planning process. However, some municipalities across the country are finding success through the use of participatory budgeting.
Profitwise
, Issue 3
, Pages 25-28
Discussion Paper
What Is the Outlook for China’s External Surplus?
Clark, Hunter L.; Higgins, Matthew
(2022-10-17)
The sharp slowdown in China’s property sector has reignited debate over the country’s future role as a net provider of savings to the global economy. The debate revolves around whether a sustained decline in property investment will spur a long-term increase in China’s current account surplus, given the country’s high savings rate. However, China’s rapidly aging population presents opposing forces that complicate this story. The shift of a large share of its population from working life to retirement will reduce savings supply even as a shrinking labor force will reduce investment ...
Liberty Street Economics
, Paper 20221017
Discussion Paper
Which Workers Bear the Burden of Social Distancing Policies?
http://fedora:8080/fcrepo/rest/objects/authors/; Pilossoph, Laura; Mongey, Simon
(2020-05-29)
In the wake of the coronavirus outbreak, nearly all U.S. states imposed social distancing policies to combat the spread of illness. To the extent that work can be done from home, some workers moved their offices to their abodes. Others, however, are unable to continue working as their usual tasks require a specific location or environment, or involve close proximity to others. Which types of jobs cannot be done from home and which types of jobs require close personal proximity to others? What share of overall U.S. employment falls in these categories? And, given that these jobs will be the ...
Liberty Street Economics
, Paper 20200529b
Report
Demographics of Wealth 2018, Essay No. 3: The Bigger They Are, The Harder They Fall: The Decline of the White Working Class
Emmons, William R.; Kent, Ana Hernández; Ricketts, Lowell R.
(2018-09)
This essay explores the intersection of race, ethnicity and education, which we use as a proxy for class. We examine five measures of well-being between 1989 and 2016, the range spanned by the Federal Reserve's Survey of Consumer Finances.
Community Development Publications and Reports
Wealth Gaps between White, Black and Hispanic Families in 2019
Kent, Ana Hernández; Ricketts, Lowell R.
(2021-01-05)
Across education, family structure and generations, gaps persist between the wealth of white families and that of Black and Hispanic families.
On the Economy
Working Paper
Household Consumption and Savings over the Life Cycle: The Roles of Demographics and Durables
Bairoliya, Neha; Chanda, Areendam; Fang, Jingyi; Yang, Fang
(2025-10-14)
The canonical prediction of life-cycle models, that individuals smooth consumption over their lifetime, has been mostly tested for developed countries and found little empirical support. We provide a novel, developing country perspective by analyzing patterns of life-cycle consumption, income and savings rates in India. In contrast to the U.S., Indian households exhibit no growth in nondurable consumption expenditures after adjusting for family size. We present evidence that saving for lumpy investments in consumer durables is a key driver of high savings rates and flat nondurable consumption ...
Working Papers
, Paper 2537
FILTER BY year
FILTER BY Bank
Federal Reserve Bank of New York 17 items
Federal Reserve Bank of St. Louis 16 items
Federal Reserve Bank of Dallas 14 items
Federal Reserve Bank of Cleveland 4 items
Federal Reserve Bank of Chicago 3 items
Federal Reserve Bank of Richmond 2 items
Federal Reserve Bank of San Francisco 2 items
Federal Reserve Bank of Atlanta 1 items
Federal Reserve Bank of Boston 1 items
Federal Reserve Bank of Kansas City 1 items
Federal Reserve Bank of Philadelphia 1 items
show more (6)
show less
FILTER BY Series
Liberty Street Economics 11 items
Working Papers 10 items
Community Development Publications and Reports 6 items
Dallas Fed Economics 6 items
Staff Reports 4 items
Dallas Fed Communities 3 items
Speech 3 items
Profitwise 2 items
Southwest Economy 2 items
Cascade Focus 1 items
Cleveland Fed District Data Brief 1 items
Econ Focus 1 items
Economic Perspectives 1 items
Economic Synopses 1 items
FRBSF Economic Letter 1 items
Oklahoma Economist 1 items
On the Economy 1 items
Policy Hub 1 items
Review 1 items
Richmond Fed Economic Brief 1 items
The Regional Economist 1 items
Working Paper Series 1 items
Working Papers (Old Series) 1 items
e-Perspectives 1 items
show more (19)
show less
FILTER BY Content Type
Journal Article 13 items
Working Paper 12 items
Discussion Paper 11 items
Report 11 items
Speech 3 items
Briefing 1 items
show more (1)
show less
FILTER BY Author
Emmons, William R. 6 items
Inokuma, Hiroshi 5 items
Sanchez, Juan M. 5 items
Kent, Ana Hernández 4 items
Klitgaard, Thomas 4 items
Orrenius, Pia M. 4 items
Pranger, Ana 4 items
Ricketts, Lowell R. 4 items
Zavodny, Madeline 4 items
Boshara, Ray 3 items
Clark, Hunter L. 3 items
Higgins, Matthew 3 items
Noeth, Bryan J. 3 items
Yang, Fang 3 items
Bairoliya, Neha 2 items
Chanda, Areendam 2 items
Crockett, Anna 2 items
Fang, Jingyi 2 items
Ferrero, Andrea 2 items
Foote, Christopher L. 2 items
Karahan, Fatih 2 items
Sahin, Aysegul 2 items
Williams, John C. 2 items
Abel, Jaison R. 1 items
Albert, Sarah 1 items
Barrow, Lisa 1 items
Borella, Margherita 1 items
Borowiecki, Karol Jan 1 items
Braun, R. Anton 1 items
Brizuela, Isabel 1 items
Carlin, Alex 1 items
Carvalho, Carlos 1 items
Cañas, Jesus 1 items
Chakrabarti, Rajashri 1 items
Cheremukhin, Anton A. 1 items
Couillard, Benjamin K. 1 items
Crump, Richard K. 1 items
De Nardi, Mariacristina 1 items
De Paoli, Bianca 1 items
Deitz, Richard 1 items
Derr, Lillian 1 items
Diaz, Lautaro 1 items
Elvery, Joel 1 items
Emanuel, Natalia 1 items
Eusepi, Stefano 1 items
Fallick, Bruce 1 items
Farha, Chase 1 items
Giannoni, Marc 1 items
Gregory, Victoria 1 items
Gutkowski, Violeta A. 1 items
Harding, Elisabeth 1 items
Hatcher, Desiree 1 items
Haughwout, Andrew F. 1 items
Ho, Paul 1 items
Jefferson, Nathan 1 items
King, Bill 1 items
Lahey, Benjamin 1 items
Lee, Donghoon 1 items
Li, Darius 1 items
Lunsford, Kurt Graden 1 items
Mazin, Felipe 1 items
Menzio, Guido 1 items
Mester, Loretta J. 1 items
Mongey, Simon 1 items
Morales-Burnett, Diego 1 items
Mui, Preston 1 items
Nechio, Fernanda 1 items
Pak, Michael 1 items
Parra, Oscar 1 items
Phelan, Felicity 1 items
Pilossoph, Laura 1 items
Pugsley, Benjamin 1 items
Restrepo-Echavarria, Paulina 1 items
Russo, Nicolò 1 items
Ryder Perlmeter, Emily 1 items
Sablik, Timothy 1 items
Sartain, Lauren 1 items
Scally, Joelle 1 items
Su, Yichen 1 items
Tepper, Alexander 1 items
Tutino, Antonella 1 items
Valletta, Robert G. 1 items
Van der Klaauw, Wilbert 1 items
Werner, Devin 1 items
West, Kenneth D. 1 items
Wheeler, Harry 1 items
Wiczer, David 1 items
Wilkerson, Chad R. 1 items
Williams, Marva 1 items
Wynne, Mark A. 1 items
http://fedora:8080/fcrepo/rest/objects/authors/ 1 items
show more (86)
show less
FILTER BY Jel Classification
J11 8 items
O41 6 items
O33 5 items
E2 4 items
F00 4 items
E20 3 items
E21 3 items
E24 3 items
R1 3 items
D22 2 items
E52 2 items
J00 2 items
J10 2 items
C32 1 items
D04 1 items
D1 1 items
D15 1 items
D31 1 items
D63 1 items
E22 1 items
E43 1 items
E5 1 items
E58 1 items
E62 1 items
F21 1 items
F32 1 items
F41 1 items
G51 1 items
J01 1 items
J1 1 items
J12 1 items
J2 1 items
J21 1 items
J3 1 items
J6 1 items
N13 1 items
N33 1 items
O1 1 items
O11 1 items
O52 1 items
R3 1 items
show more (36)
show less
FILTER BY Keywords
income 7 items
labor 6 items
productivity 6 items
wealth 6 items
Japan 5 items
Texas 5 items
growth 5 items
labor markets 5 items
population 5 items
total factor productivity (TFP) 5 items
economic growth 4 items
firms dynamics 4 items
population growth 4 items
unemployment 4 items
COVID-19 3 items
China 3 items
employment 3 items
firm dynamics 3 items
innovation 3 items
migration 3 items
asset accumulation 2 items
business dynamism 2 items
community development 2 items
consumption 2 items
diversity 2 items
durables 2 items
economic development 2 items
education 2 items
equivalence scales 2 items
financial stability 2 items
household heterogeneity 2 items
immigration 2 items
life-cycle 2 items
macroeconomics 2 items
monetary policy 2 items
natural rate of interest 2 items
panel data 2 items
productivity growth 2 items
pseudopanel 2 items
savings rate 2 items
working-age population 2 items
5th district 1 items
African American 1 items
Budget 1 items
CCP 1 items
Chicago Public School 1 items
Community Impact Survey 1 items
Community Reinvestment 1 items
Europe 1 items
European Union 1 items
Germany 1 items
Houston 1 items
Industrial Revolution 1 items
Iowa 1 items
Labor Force 1 items
Latinos 1 items
Malthusian dynamics 1 items
Mexico 1 items
Migration, Internal 1 items
Public Finance 1 items
Puerto Rico 1 items
Texas economy 1 items
United States 1 items
age distribution 1 items
aging 1 items
balance of payments 1 items
border region 1 items
business cycle 1 items
capital flows 1 items
center for household financial stability 1 items
construction 1 items
consumer finance 1 items
coronavirus 1 items
credit cards 1 items
current account 1 items
data dependent 1 items
debt 1 items
dependency ratio 1 items
development 1 items
dynamism 1 items
economic geography 1 items
employment-to-population ratio 1 items
external imbalances 1 items
facts 1 items
falling R-star 1 items
female 1 items
financial services 1 items
fiscal policy 1 items
flexible work arrangements 1 items
foreign workers 1 items
geopolitical tensions 1 items
global 1 items
global economy 1 items
homeownership 1 items
household debt 1 items
household financial stability 1 items
immigrants 1 items
income disparities 1 items
income mobility 1 items
inequality 1 items
inflation 1 items
interest rates 1 items
job stability 1 items
labor economics 1 items
labor force 1 items
labor force participation 1 items
labor force participation rate 1 items
labor supply 1 items
life expectancy 1 items
location economics 1 items
low-frequency correlation 1 items
lowpass filtered correlation 1 items
marriage market 1 items
maximum sustainable population growth 1 items
neutral rate 1 items
nterest rates 1 items
occupations 1 items
online dating 1 items
outmigration 1 items
output 1 items
pandemic 1 items
prices 1 items
r* 1 items
r-star 1 items
race 1 items
racial disparities 1 items
racial inequity 1 items
real estate economics 1 items
real interest rates 1 items
regional economics 1 items
savings 1 items
secular stagnation 1 items
shift-share 1 items
slowing global growth 1 items
social policy 1 items
spatial econometrics 1 items
steady state interest rate 1 items
taxes 1 items
trade 1 items
unemployment rates 1 items
vacancies 1 items
wealth gaps 1 items
wealth inequality 1 items
worker types 1 items
world interest rate 1 items
show more (141)
show less